Cullen Frost Bankers Inc. Has $3.99 Million Stock Holdings in Advanced Micro Devices, Inc. $AMD

Cullen Frost Bankers Inc. lessened its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.3% during the 2nd quarter, HoldingsChannel reports. The firm owned 28,125 shares of the semiconductor manufacturer’s stock after selling 2,878 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Advanced Micro Devices were worth $3,991,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Tritonpoint Wealth LLC grew its holdings in Advanced Micro Devices by 2.6% during the second quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock valued at $405,000 after purchasing an additional 72 shares during the last quarter. Scott & Selber Inc. grew its stake in shares of Advanced Micro Devices by 0.7% in the second quarter. Scott & Selber Inc. now owns 10,465 shares of the semiconductor manufacturer’s stock worth $1,485,000 after acquiring an additional 73 shares during the last quarter. Sandy Cove Advisors LLC grew its stake in shares of Advanced Micro Devices by 1.4% in the second quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer’s stock worth $776,000 after acquiring an additional 75 shares during the last quarter. Uhlmann Price Securities LLC grew its stake in shares of Advanced Micro Devices by 3.4% in the second quarter. Uhlmann Price Securities LLC now owns 2,529 shares of the semiconductor manufacturer’s stock worth $359,000 after acquiring an additional 82 shares during the last quarter. Finally, Pine Haven Investment Counsel Inc grew its stake in shares of Advanced Micro Devices by 3.3% in the second quarter. Pine Haven Investment Counsel Inc now owns 2,682 shares of the semiconductor manufacturer’s stock worth $381,000 after acquiring an additional 85 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on AMD shares. UBS Group raised their price objective on shares of Advanced Micro Devices from $210.00 to $265.00 and gave the stock a “buy” rating in a research note on Tuesday, October 7th. HSBC raised their price objective on shares of Advanced Micro Devices from $185.00 to $310.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Seaport Res Ptn downgraded shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 4th. Rosenblatt Securities raised their price objective on shares of Advanced Micro Devices from $200.00 to $250.00 and gave the stock a “buy” rating in a research note on Tuesday, October 7th. Finally, Piper Sandler restated an “overweight” rating and issued a $240.00 price objective on shares of Advanced Micro Devices in a research note on Tuesday, October 7th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $233.94.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 16,800 shares of Advanced Micro Devices stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $224.28, for a total transaction of $3,767,904.00. Following the completion of the transaction, the executive vice president directly owned 1,714,505 shares of the company’s stock, valued at approximately $384,529,181.40. This trade represents a 0.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Ava Hahn sold 2,868 shares of Advanced Micro Devices stock in a transaction on Monday, October 6th. The shares were sold at an average price of $226.01, for a total value of $648,196.68. Following the transaction, the senior vice president directly owned 9,033 shares of the company’s stock, valued at approximately $2,041,548.33. The trade was a 24.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 274,118 shares of company stock valued at $46,180,719. Insiders own 0.06% of the company’s stock.

Advanced Micro Devices Stock Down 3.3%

AMD opened at $230.23 on Thursday. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $242.88. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The firm’s fifty day moving average price is $179.50 and its two-hundred day moving average price is $144.41. The company has a market capitalization of $373.63 billion, a P/E ratio of 132.32, a P/E/G ratio of 2.18 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The business had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm’s quarterly revenue was up 31.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Advanced Micro Devices Profile

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.